State of Texas – Fiscal Management

Manual of Accounts

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Revenue Object 3049 – Upfront Payments – Service Concession Arrangements

 

Legal Citations:
Revenue Type: Cash — Transportation
Origin Date: 2016
Issue Date: 2016-05-09
Revised Date:

Description


To record the upfront payments received from the operator/developer of a toll road. As part of the service concession arrangements, the operator is required to make an upfront payment for the right of operating toll roads over the term of the service concession arrangement. Payment may be lump sum or in installments.



Due Date


On receipt..



Notes




USAS Values


Appropriation Year 26
USAS Title UPFRONT PMT-SERVICE CONCESSION ARRANGMT
Receipt Category 01 – Transportation
Receipt Type 30 – State Service Fees
Object Group 26 – Other Financing Uses/Sources
USAS Status A
Rev/Exp Category 01 – LICENSES, FEES, FINES, AND PENALTIES



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